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R&D Tax Credit for Architects: Let the Government Pay You for Your Great Designs

Jason George CPA

The Research and Development (R&D) tax credit is often thought of as a credit created for research done by scientists with white lab coats in a laboratory. This is simply not true. In 2003, the IRS relaxed the rules for claiming the credit which opened it up to a wide range of industries, including architecture firms.

How does getting a significant tax credit for something that you already do sound?

Generally, architecture firms spend more than half of their time on activities that qualify as R&D expenses. These activities include:

Developing conceptual/schematic designs

Designing and developing functional site plans and elevation drawings

Developing construction documents

Designing and developing energy efficient designs and features

Designing and developing unit building shapes, forms, and facades

As you can see each one of these activities is a large part of the projects that architecture firms work on daily. Let the government pay you for your work!

To claim the credit, you must meet certain requirements outlined in IRS §41. Let PriceKubecka help you identify your R&D tax credits and help you get money that is rightfully yours.

PriceKubecka, PLLC is a Dallas based CPA firm that provides a wide variety of Accounting, Tax, Cost Segregation, 401(k) Audits and other services. Our clients are located in towns like Dallas, Addison, Plano, Frisco, McKinney, Ft. Worth, Garland, Irving, Carrollton, Richardson, Lewisville, Highland Park, University Park, Southlake, and more. We service clients in Dallas County, Tarrant County, Collin County and more. We are Accountants and Auditors.